Daniel Grenier Rehab Deal

 

Daniel Grenier Rehab Deal

PE Real Estate Solutions Inc in London, ON
Daniel Grenier with Amy Grenier

This property was found using our MLS marketing and funded using private financing, this 3-bedroom 1-bath home was transformed into a 5-bedroom, 2-bath home with a nanny suite. The entire home was renovated top to bottom to allow a comfortable living space while renting out the basement to pay for the rent. Managing the contractors proved difficult from 2 hours away, causing the construction cost to increase from its original budget of $85K to $112K and causing the project to be 6-months behind schedule. Following this project, PE Real Estate Solutions has maintained a strict location radius of 45 minutes for any rehabs.

Rehab Details

Property City: London
Purchase Price: $175,000
Repair Costs $112,582
Sale Price: $337,000

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Case Study

How did the FortuneBuilders team and resources help you to accomplish this deal?

Consistency in connecting with realtors has generated a pocket listing. The scope of work was a great tool and allowed us to track the progress, even at a distance.




Before & After Photos